Laura Jewett

Laura Jewett

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$699,999

($0 down)*
FHA

Potential short sale please verify with your agent.

7125 Cole Street, Downey, CA 90242

3
2
1,768 sqft
PITI Monthly
$6,290.17 /mo

Listing courtesy of: Luis Pinel, Pak Home Realty

Assumed Rate

5.84%
7.15%

Principal & Interest

$5,005 /mo
$5,736 /mo

What's Special

DINING
BREAKFAST NOOK
FIREPLACE
VAULTED CEILINGS
HOME OFFICE

Firs showing OPEN HOUSE 3/29/25 11am-2pm Welcome Home! Get your down Payment covered with a Forgivable GRANT(Empowered DPA). Call to get qualified. This corner home features 3 bedrooms 2 bath home nearly 2,000 Sqft that is nestled in a great family neighborhood near Temple Park. As you walk in the home features massive VAULTED ceilings with a fireplace. The first living room blends into the dining area for those big family dinners that leads to the large kitchen area with builtins, which also offers a great breakfast nook area thats only steps away from a second living room. All the bedrooms sit on the other side of the home which offers the perfect floor plan for entertaining guests. The first bedroom offers great built-ins, perfect for a home office, the second bedroom is situated near the direct access to the garage. The OWNERS SUITE is nestled on the back half of the home with its own bathroom room and MASSIVE CLOSETS with MIRRORED sliding doors and you cant miss the high ceilings! Backyard is low maintenance and does have direct access from the rear of the property with a door big enough to drive in. This home is Centrally located near Los Amigos Golf Course, Sams Club! Near the 605 and 105 freeways. Subject to lender approval.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.84
Remaining Loan Term
28 years, 0 months
Monthly PITI
$6,290.17/mo
Estimated Loan Balance
$885,352
Cash to close
$0
Interest Paid
$97,988

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: SeeRemarks
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: SeeRemarks
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Downey

Financial Details

  • Price per Sqft: $395.93
  • Tax Annual Amount: $8749.99
  • On Market Date: 2025-03-24T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.84% Sellers Rate
$699,999
Your Cash$0
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 5.84%
$5,005/mo
Traditional @ 7.5%
$5,950/mo
You save $945/month ($11,342/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25063731

Listing From:

Last updated: 2025-03-28T20:05:56.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

5.84%
7.15%

Principal & Interest

$5,005 /mo
$5,736 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.84% Sellers Rate
$699,999
Your Cash$0
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 5.84%
$5,005/mo
Traditional @ 7.5%
$5,950/mo
You save $945/month ($11,342/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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